2655 Depew St
Edgewater, CO 80214
Townhomes at Sloan's Lake · Multifamily Property For Sale · 36 Units

Estate Park Townhomes in Edgewater, CO features thirty-six (36) two-story, townhome style apartment units located on three adjacent parcels totaling 1.11 acres of land area. The buildings were constructed in 1969 and were renovated by the current ownership group in 2011. All of the units feature two (2) bedrooms and one and a half (1.5) baths, averaging approximately 875 square feet each. Unit renovations in 2011 included new plank vinyl flooring or refinished hardwood flooring, lighting, countertops, appliances/vanities and new tile throughout the bathrooms. In 2018 all units were upgraded with new central air units (both furnaces and condensing units). Also in 2018, three (3) out of the thirty-six (36) units were renovated with new windows, kitchen countertops, kitchen cabinets, kitchen sinks, kitchen appliances and new sinks and vanities in the first floor bathrooms. The Seller is expecting to achieve over $1,500/month in rent on the renovated units ($1.71/SF). Rental rates for all other units range between $1,200-$1,250/month ($1.37-$1.43/SF). All six buildings have new roofs and gutters (replaced 2018). All thirty-six (36) units are individually metered for gas and electric. For the full OM please visit the link below. http://properties.uniqueprop.com/for-sale-estate-park-townhomes